The Journey to Tokenization: Ondo Finance

It is fascinating how cyclical and wavelike markets can be. I've sailed

competitively my whole life. Sailing

builds mental toughness in responding to the changing tides. Building in crypto, that's like a really important mentality to have.

I am Nathan Alman. I'm the founder and CEO of Onondo Finance.

When we think about Wall Street 2.0, 0.

It's really about combining the best of traditional finance with the best of decentralized finance and public blockchains.

With decentralized finance, when you have this sort of one-click sign in to different financial applications, frankly, for me, it was like a pretty magical experience to be able to

self-custody all of my assets and then with a single click take out a loan from one protocol and then trade from another protocol. Ultimately, that unlocks more

protocol. Ultimately, that unlocks more choice and more competition. And that's

in such huge contrast to how things work in Trafi where if you want to move your securities from one broker dealer to another, it's a multi-day, multi-week process.

At we started out by building tokenized treasuries. In order to build

treasuries. In order to build institutional-grade products like OSG, we really need to work with partners that have a focus on institutional grade

standards and 24/7 instant convertability.

So, we're really excited to finally be able to bring OSG to XRP ledger, the decentralized public blockchain to continue to build institutional-grade

cash products alongside Ripple.

That's something that a lot of our institutional clients have been really drawn to. It's about routing capital and

drawn to. It's about routing capital and assets to make a financial system that is ultimately faster, fairer, and more

accessible to everyone.

Tokenization is not just a pilot or a stepping stone, but actually has real commercial utility today. And we've seen that in the numbers. 200 billion plus in

stable coins, 5 billion plus in tokenized treasuries. And our offerings

tokenized treasuries. And our offerings now between O USG and RLUSD are used every day constantly in production.

We have real investors instantly minting and redeeming in many cases tens of millions of dollars at a single point in time. This is that watershed inflection

time. This is that watershed inflection point moment.